The appraisal will be conducted by a panel of three (3) experienced aircraft appraisers, with each party selecting, and bearing the expense of, one
(1) appraiser and the two (2) appraisers thus appointed selecting the third appraiser, who will act as chairman and whose expense will be borne equally by both parties. The appraisers’ evaluation will include, without limitation, the
nature and quality of the repair (e.g., replacement of damaged components with new components versus repair of damaged components), market conditions and a review of the relevant Aircraft logbook entry(ies). The findings of the two appraisers which
are closest in value shall be averaged and shall constitute the diminution in value caused by the damage, if any. 

 **(d)** The provisions of this **Section 14** shall survive the termination or expiration of this Agreement.